FTDR · Frontdoor, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.09B | $1.84B | $1.78B | $1.66B | $1.60B | $1.47B |
| Cost of Revenue | $936.00M | $852.00M | $895.00M | $952.00M | $818.00M | $758.00M |
| Gross Profit | $1.16B | $991.00M | $885.00M | $710.00M | $784.00M | $716.00M |
| R&D | - | - | - | - | - | - |
| SG&A | $669.00M | $612.00M | $581.00M | $521.00M | $511.00M | $467.00M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $89.00M | $39.00M | $37.00M | $34.00M | $35.00M | $34.00M |
| Operating Income | $338.00M | $309.00M | $229.00M | $93.00M | $149.00M | $149.00M |
| Interest Expense | $79.00M | $40.00M | $40.00M | $31.00M | $39.00M | $57.00M |
| Income Tax | $84.00M | $74.00M | $57.00M | $22.00M | $39.00M | $37.00M |
| Net Income | $255.00M | $235.00M | $171.00M | $71.00M | $128.00M | $112.00M |
| EPS - Basic | $3.48 | $3.05 | $2.13 | $0.87 | $1.51 | $1.32 |
| EPS - Diluted | $3.42 | $3.01 | $2.12 | $0.87 | $1.50 | $1.31 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $566.00M | $421.00M | $325.00M | $292.00M | $262.00M | $597.00M |
| Accounts Receivable | $10.00M | $10.00M | $6.00M | $5.00M | $7.00M | $5.00M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $89.00M | $71.00M | $76.00M | $80.00M | $66.00M | $55.00M |
| Current Assets | $624.00M | $488.00M | $363.00M | $330.00M | $295.00M | $626.00M |
| Total Assets | $2.14B | $2.11B | $1.09B | $1.08B | $1.07B | $1.41B |
| Current Liabilities | $402.00M | $369.00M | $331.00M | $364.00M | $378.00M | $403.00M |
| Long-term Debt | $1.17B | $1.20B | $593.00M | - | - | - |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $242.00M | $239.00M | $136.00M | $61.00M | $2.00M | ($61.00M) |
| Retained Earnings | $785.00M | $530.00M | $296.00M | $124.00M | $53.00M | ($75.00M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $416.00M | $270.00M | $202.00M | $142.00M | $185.00M | $207.00M |
| Investing Cash Flow | $31.00M | ($622.00M) | ($32.00M) | ($35.00M) | ($31.00M) | ($31.00M) |
| Financing Cash Flow | ($302.00M) | $447.00M | ($137.00M) | ($77.00M) | ($489.00M) | ($7.00M) |
| CapEx | $26.00M | $39.00M | $32.00M | $40.00M | $31.00M | $32.00M |
| Free Cash Flow | $390.00M | $231.00M | $170.00M | $102.00M | $154.00M | $175.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 55.3% | 53.8% | 49.7% | 42.7% | 48.9% | 48.6% |
| Operating margin | 16.1% | 16.8% | 12.9% | 5.6% | 9.3% | 10.1% |
| EBITDA margin | 20.4% | 18.9% | 14.9% | 7.6% | 11.5% | 12.4% |
| Net margin | 12.2% | 12.8% | 9.6% | 4.3% | 8.0% | 7.6% |
| Free cash flow margin | 18.6% | 12.5% | 9.6% | 6.1% | 9.6% | 11.9% |
| FCF / Net income | 1.53 | 0.98 | 0.99 | 1.44 | 1.20 | 1.56 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 32.0% | 33.2% | 32.6% | 31.3% | 31.9% | 31.7% |
| Effective tax rate | 24.8% | 23.9% | 25.0% | 23.7% | 23.4% | 24.8% |
| Return on assets | 11.9% | 11.2% | 15.7% | 6.6% | 12.0% | 8.0% |
| Return on equity | 105.4% | 98.3% | 125.7% | 116.4% | 6400.0% | -183.6% |
| Return on invested capital | 18.0% | 16.3% | 23.6% | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.55 | 1.32 | 1.10 | 0.91 | 0.78 | 1.55 |
| Quick ratio | 1.55 | 1.32 | 1.10 | 0.91 | 0.78 | 1.55 |
| Cash ratio | 1.41 | 1.14 | 0.98 | 0.80 | 0.69 | 1.48 |
| Leverage | ||||||
| Debt / Equity | 4.85 | 5.02 | 4.36 | - | - | - |
| Debt / Assets | 0.55 | 0.57 | 0.54 | - | - | - |
| Debt / EBITDA | 2.75 | 3.45 | 2.23 | - | - | - |
| Interest coverage | 4.3x | 7.7x | 5.7x | 3.0x | 3.8x | 2.6x |
| Equity multiplier | 8.85 | 8.82 | 8.01 | 17.74 | 534.50 | -23.03 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.98 | 0.87 | 1.63 | 1.54 | 1.50 | 1.05 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 2d | 2d | 1d | 1d | 2d | 1d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 35d | 30d | 31d | 31d | 29d | 26d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 16.9x | 18.2x | 16.6x | 23.9x | 24.4x | 38.3x |
| P / B | 17.8x | 17.8x | 21.0x | 28.0x | 1566.8x | - |
| P / S | 2.1x | 2.3x | 1.6x | 1.0x | 2.0x | 2.9x |
| EV / EBITDA | 11.5x | 14.5x | 11.7x | 11.1x | 15.6x | 20.2x |
| Growth | ||||||
| Revenue growth (YoY) | 13.6% | 3.5% | 7.1% | 3.7% | 8.7% | 8.0% |
| Revenue CAGR (3y) | 8.0% | 4.8% | 6.5% | 6.8% | 16.2% | - |
| Revenue CAGR (5y) | 7.3% | 6.2% | 11.8% | - | - | - |
| Gross profit growth (YoY) | 16.8% | 12.0% | 24.6% | -9.4% | 9.5% | 5.6% |
| Operating income growth (YoY) | 9.4% | 34.9% | 146.2% | -37.6% | 0.0% | -27.0% |
| Net income growth (YoY) | 8.5% | 37.4% | 140.8% | -44.5% | 14.3% | -26.8% |
| EPS growth (YoY) | 13.6% | 42.0% | 143.7% | -42.0% | 14.5% | -27.2% |
| EPS CAGR (3y) | 57.8% | 26.1% | 17.4% | -21.5% | 0.7% | - |
| EPS CAGR (5y) | 21.2% | 10.8% | 7.6% | - | - | - |
| FCF growth (YoY) | 68.8% | 35.9% | 66.7% | -33.8% | -12.0% | -1.7% |
| FCF CAGR (5y) | 17.4% | 5.4% | 3.4% | - | - | - |
| Book value growth (YoY) | 1.3% | 75.7% | 123.0% | 2950.0% | - | 65.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$2.09B totalRenewals$1.59B · 75.8%
Non-Warranty And Other$193.00M · 9.2%
Direct To Consumer Home Service Plan Contracts$172.00M · 8.2%
Real Estate Home Service Plan Contracts$141.00M · 6.7%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
9/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-To Dwellings & Other Buildings
Comparing Frontdoor against the 5 most active filers in the same SIC group.